Company / Gross Margin
Fastenal Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
45.0%
FY2025
5-year range
45.0% / 46.2%
FY2021-FY2025
Trend
-0.2%
vs FY2024
Sector context
#31 of 186
Industrials
What the data says
Fastenal's gross margin of 45.0% is higher than 83% of companies in the Industrials sector (FY2025). Gross Margin has declined for 4 consecutive years, from 46.2% in FY2021 to 45.0% in FY2025.
Based on SEC 10-K filings.
45.0% in FY2025 with a 5-year CAGR of -0.5%. Top quartile in the Industrials sector.
Remained stable around 45.0% over the past 2 years.
Industrials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -1.1pp
- 5-Year Change
- -0.5pp
- 10-Year Change
- -
Sector benchmark
Top 17% in IndustrialsTop 17% of 186This company 45.0% Sector average 28.8%
▼
+56.4% above sector average
Key checks
Key Insights
- Fastenal's gross margin has declined for 4 consecutive years.
- In FY2025, gross margin decreased 0.2% year-over-year.
- Currently 16.2pp above the Industrials sector average.
- Peak gross margin was recorded in FY2018.
Company context
Key Data Points
- Altman Z-Score 5.17 (safe zone, above 2.9 threshold)
- Strong return on equity: 31.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 45.0% | -0.2% |
| FY2024 | 45.1% | -1.3% |
| FY2023 | 45.7% | -0.9% |
| FY2022 | 46.1% | -0.3% |
| FY2021 | 46.2% | +1.6% |
| FY2020 | 45.5% | -7.7% |
| FY2019 | 49.3% | -0.6% |
| FY2018 | 49.6% | +0.6% |
| FY2017 | 49.3% | -0.6% |
| FY2016 | 49.6% | -1.5% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026